Saxo vs ThinkMarkets
By Akash · Facts re-checked (UTC)
Here is how Saxo and ThinkMarkets compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| Saxo | ThinkMarkets | |
|---|---|---|
| Regulators | Danish FSA, FCA | FCA, ASIC, CySEC, FSCA |
| Minimum deposit | No minimum deposit (individual account) | – |
| Spreads from | 1 pip EUR/USD minimum (global page; varies by country) | 0.0 pips (ThinkZero); 0.4 pips (Standard) |
| Commission | USD 3 fixed commission on FX trades under 50,000 units | ThinkZero: USD 7 per round turn lot on forex and metals; Standard: none |
| Platforms | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView | ThinkTrader, MetaTrader 4, MetaTrader 5, TradingView (ThinkTrader accounts only) |
| Retail accounts losing money | 66% | – |
Full reviews: Saxo review · ThinkMarkets review
Frequently asked questions
Are Saxo and ThinkMarkets regulated?
Saxo: Danish FSA, FCA. ThinkMarkets: FCA, ASIC, CySEC, FSCA.
Which has tighter spreads, Saxo or ThinkMarkets?
Published spreads start from 1 pip EUR/USD minimum (global page; varies by country) at Saxo and 0.0 pips (ThinkZero); 0.4 pips (Standard) at ThinkMarkets; commission: Saxo USD 3 fixed commission on FX trades under 50,000 units, ThinkMarkets ThinkZero: USD 7 per round turn lot on forex and metals; Standard: none.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more